Oriental Pearl Group Co., Ltd. (Stock Code: SH.600637) is a unified business and capital platform of Shanghai Media Group. The company has built the leading media integration and distribution platform in China. With a complete industry chain, OPG has coverage of hundreds of millions of viewers.The company also owns a number of architectural landmarks in Shanghai.
Under the strategy of ‘Culture & Entertainment +’, the company has grown into an industry leader in TV and film, media platform, TV shopping, as well as culture and entertainment themed tourism in China. The company has been ranked as one of the ‘Top 30 Domestic Enterprises in the Cultural Industry’ for six consecutive years. In 2017, OPG ranks 5th in brand value among all Chinese companies in the cultural industry.
Oriental Pearl (Stock Code: SH.600832) had its IPO on Shanghai Stock Exchange, becoming China’s first listed company in the culture and media industry.
BesTV (Stock Code: SH.600637), a pioneer of China’s radio, television and new media business, was listed through adverse merger.
BesTV (Stock Code: SH.600637) and Oriental Pearl (Stock Code: SH.600832) started merge procedures, with major asset reorganization and injection of more high-quality business assets from its parent company, SMG.
After merge, OPG became China’s first listed company with a business scope covering the whole media and entertainment industrial chain.